News - page 210

Fintech & Ecommerce

EToro Launches Fintech Portfolio, Gets Spanish License

Crypto trading and investing platform eToro has introduced a portfolio offering long-term exposure to leading fintech companies, while also achieving an important legal milestone

Finance & Economics

Sequoia Capital Reportedly Downsizes Its Funds

The media reports that the Silicon Valley venture capital company Sequoia Capital has decided to downsize two of its large funds.

Fintech & Ecommerce

DoorDash Reportedly Tests AI Chatbot

The media reports that DoorDash is currently testing a chatbot based on artificial intelligence.

Finance & Economics

Bank of America CEO Says New Capital Requirements Must Ensure Level Playing Field

Brian Moynihan, CEO of Bank of America, expressed the opinion that the new capital requirements should form a space of equal conditions for all representatives of the US banking sector.

Fintech & Ecommerce

TIFIN Launches Platform for Creating AI FinTechs

The wealth platform with integrated artificial intelligence TIFIN presented a new project, which is a kind of space for creating AI fintech firms.

Blockchain & Crypto

Palau Government Teams Ripple to Pilot Stablecoin

The Republic of Palau collaborates with Ripple to launch a government-backed stablecoin on XRP Ledger

Finance & Economics

Fed Raises Interest Rates

The US central bank has decided to raise interest rates to the highest level in the last 22 years.

Finance & Economics

China’s Central Bank Calls On Financial Sector to Help Fund Technology Research

The Central Bank of China has appealed to the local financial sector to provide material support, in this case, it means providing money, in conducting research in the area of technology and implementing mergers and acquisitions.

Science & Technology

Samsung Cuts in Memory Chip Production

Samsung Electronics continues to implement a strategy to reduce the production of memory chips, including NAND flash memory, which is used in smartphones and computers.

Fintech & Ecommerce

Bloom Money Raises Funds to Digitize Microcredit Finance

The British fintech company Bloom Money has announced that it has managed to raise investment funds for 1 million pounds to digitize the informal financial management system used by ethnic communities around the world.

Science & Technology

Venture Capital Firm Together Fund to Help Indian AI Startups

The Indian venture capital company Together Fund announced the creation of an early-stage fund to provide financial assistance to firms that operate in the area of artificial intelligence.

Science & Technology

AWS Launches HealthScribe

Amazon Web Services (AWS) has announced its intention to help clinics save time spent on summarizing visits to medical institutions by patients.

Fintech & Ecommerce

Revolut Launches Accounts for Non-US Citizens in US

Those who are lawfully in the US but don’t have SSNs can now get a Revolut account

Blockchain & Crypto

Commerzbank Performs Live Blockchain-Based Transactions on Trade Finance Network Contour

Commerzbank has become the first German Bank to successfully carry out blockchain-based Letter of Credit (LC) transactions for its clients at its Singapore and Shanghai branches on the digital trade finance platform Contour

Fintech & Ecommerce

GoPay App Launches in Indonesia

The standalone GoPay app has officially launched in Indonesia, after being available as part of Gojek and Tokopedia apps

Science & Technology

Foodpanda Partners TabSquare for AI-Powered Restaurant Solutions

Restaurant owners in Singapore, Taiwan, Malaysia, and the Philippines will be the first to enjoy the benefits of AI-enabled predictive analytics and QR code ordering